Nursing Care Facilities Market: ZIP 97054
Opportunity Score
36
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 97054 is an suburban area with low foot traffic. with a population of 1,404 and household incomes above the national median ($84,518).
Area Profile
1,404
Population
$84,518
Median Income
+13% vs. national
Suburban
Area Type
2.5/20
Foot Traffic
Very Car-Dependent
Median Age: 54.9 —
older demographic, may prefer sit-down options.
College-Educated: 20.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,830
2BR Fair Market Rent
$430 K
Median Home Value
Tips for Starting a Elder Care Business in Oregon
- State licensing for assisted living takes 6-12 months and involves facility inspections, staffing plans, and background checks. Start early.
- Staffing is your #1 cost and #1 challenge. CNA turnover runs 50-75% annually in most markets. Budget for constant recruiting.
- Medicare and Medicaid reimbursement rates vary by state. Some states pay well. Others don't cover costs. Know your state's rates before committing.
- Start small. A residential care home (6-8 beds) requires far less capital than a 50-bed facility and lets you prove your model.
Quick Facts
- Area Type
- Suburban
- Foot Traffic
- Very Car-Dependent
vs. National Average
Median Income
+13% vs. $74,580
Walkability
-8.0 pts vs. national avg
Nearby Markets
97048
4.9 mi
Pop: 7,096
$74,453
Walk: 6.2
97051
5.0 mi
Pop: 17,589
$85,837
Walk: 14.7
98609
8.8 mi
Pop: 0
97018
9.0 mi
Pop: 1,806
$100,912
97053
9.7 mi
Pop: 3,401
$123,902
97056
11.5 mi
Pop: 12,794
$95,351
Walk: 6.4
98626
18.0 mi
Pop: 26,948
$70,058
Walk: 10.7
98674
18.1 mi
Pop: 16,765
$96,081
Walk: 4.4
Check Another Market
Or estimate costs with the ElderCareCost calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits